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of folks were expecting president obama to come out and announce that they had decided to move forward unilaterally move forward without congressional approval, and that's not what he said. he said he has decided that military action is the right next step but that he is going to put the matter to a vote in congress, and of course we know in the past several days, more and more members of congress have been saying that they want a vote, and they think they deserve a vote before president obama actually launches any type of military strike, so it appears as though those voices have won in this case, so this will be put to a congressional vote. a couple things that stood out to me, craig. president obama saying that the chairman of the joint chiefs told him he is ready to move forward with military action, and that it's not necessarily time sensitive, that if this occurs in a month they would still be able to weaken assad's military capabilities. so that is one of the things that stood out. another thing, you didn't hear president obama say he was going to call congress back right now, a
. >> president obama spoke briefly to reporters shortly after kerry made those remarks. he was less emphatic, his message was similar. >> part of our obligation as a leader in the world is making sure that when you have a regime that is willing to use weapons that are prohibited by international norms on their own people, including children, that they are held to account. >> the team of u.n. weapons inspectors invest galting tigai attack have now left syria. pentagon officials tell nbc news that five guided missile destroyers are in the eastern mediterranean sea and nearly all of the targets have already been loaded into the warheads of some 200 tomahawk cruise missiles. a strike would be limited and tailored to syria's chemical weapons program. president f president obama were to order such a strike it will come without support from great britain. prime minister david cameron suffered a humiliate regbuk in parliament after they voted against military intervention. cameron says he will honor their wishes. france's leader says they are in, and he -- any american strike would also come without the
is beginning to take shape around, yes, of course, the repeal of obama care. and last night at a heritage foundation defund obama care event in texas, senator ted cruz tried to rally conservatives. >> what happens next is president obama and harry reid are going to scream and yell those mean, nasty republicans are threatening to shut down the federal government. what has to happen after that is we've got to do something that conservatives haven't done in a long time. we've got to stand up and win the argument. why is it that every reporter in the media and a significant percentage of republicans assume with an impasse that president obama will never, ever, ever give up his principals so republicans have to give up theirs. if you have an impasse, you want to know one side or the other has to blink. how do we win this fight? don't blink! >> by the way, cruz was heckled at that event by people saying they wanted health care as well, but there were more supporters, as he said, than there were hecklers. earlier, though, former u.s. senator jim demint and president of the heritage foundation sa
time about syria and about the difficult decision ahead of president obama as he weighs whether to take military action. good morning, everybody. i'm thomas roberts. >>> breaking news. president obama is meeting now as we speak with top advisers at the white house and if the president gives the green light to strike syria, he could end up doing it without congress and without america's steadfast a y ally. 8 in 10 said president obama should get congressional approval before any military strike. and some lawmakers say the president hasn't made the case. >> the constitution is very explicit on this. when you go to war, congress must authorize this. both the president and the vice president, once upon a time, before they became in power, understood this. >> the brsh aren't comiitish ar. headlines "the daily news." david cameron's stunning decision not to join the strike after a no vote by his parliament. >> have you spoken to president obama yet? have you apologized to him? >> i haven't spoken to him since the vote on the debate but i expect to speak to him the next day or so. i don't thi
evidence and now, of course, what comes next, barack obama is now moving closer to military strike. "boston globe" also talking about a coming military strike. it looks like it's probably going to happen. let's get to news. >> top u.s. officials now say chemical weapons were used in da masses cas and the president is considering a limited military strike on select targets inside the country. yesterday u.n. inspectors visited the site of the attacks and though low expectations for what their probe will uncover, secretary of state john kerry says there is little doubt as to what happened there. >> what we saw in syria last week should shock the contents of the world. p it defies any code of more reality. let me be clear. the indiscriminate slaughter of civilians, killing of women and children and innocent bystanders by chemical weapons is a moral obscenity. the reported number of victims the reported symptoms of those who were killed or injured, the firsthand accounts from humanitarian organizations, these all strongly indicate that everything these images are already screaming at us, is real
president obama wants to go at it alone, which the white house is signaling he might. parliament in england weighing a resolution that would have okayed the use of force. weighing it and finding it wasn't enough. here is the key moment as the measure failed loudly in the house of comments. >> mr. mcneal, you're like an exploded volcano erupted, calm yourself man. the ayes to the right, 272. the noes to the left, 285. so the noes have it. the noes have it. >> moments after the vote, prime minister david cameron assured members he would not exercise what is known as the royal prerogative to go to war without parliamentary approval. >> i strongly believe in the need for a tough response to the use of chemical weapons, but i also believe in respecting the will of this house of commons. it is very clear tonight while the house has not passed a motion, it is clear to me the british parliament reflecting the views of the british people does not want to see british military action. i get that, and the government will act accordingly. >> voted down the measure despite a report from britain's joint i
. america has come a long way in 50 years. and the fact that barack obama is president of the united states means we can finish this journey toward what dr. king dreamed about. >> i can't help but think 50 years lighter all the things that martin luther king talked about are in place, racism, poverty, inequality. to see an african-american president up there in front of the lincoln memorial today. think about barack obama who had just turned 2 a few weeks prior when the speech was made. his mother and probably his grandparents were watching it, living in a segregated country where fire hoses were turned on americans. what a moment today. put the politics aside. to see that man 50 years later standing on the same step where martin luther king stood. >> it is amazing. wla last night he had a reception at the white house. when i waps standing in the east room and they brought in dr. king's sister and i saw the picture of george washington and looked at president obama it brought tears to my eyes. i was only 8 years old when the march happened. they never could have dreamed that the president o
" tonight, president obama makes his case for war. >> today we released our unclassified assessment detailing with high confidence that the syrian regime carried out a chemical weapons attack that killed well over 1,000 people including hundreds of children. this follows the horrific images that shocked us all. >> cnn has obtained new images the aftermath of another alleged chemical weapons attack in syria. and we want to warn you the video is very disturbing. seven people died and dozens were injured in the alleged attack on a school in northern syria. a doctor at a local hospital said, quote, it's like they used chemicals like napalm or something. many of the victims were covered in burns. cnn has not been able to independently confirm what happened there. cnn's senior white house correspondent jim acosta joins us now with all the latest from there. hi, jim. i know you've been working the story furiously. today the administration released its declassified intelligence assessment, its case for an attack, so what is the president's evidence? >> reporter: well, jessica, i can tell yo
. bye. "newsroom" starts now. >>> happening now in "newsroom" abandoning obama and the solo strike. >> for the president to act without authorization. >> a coalition crumbles and allies ditch america. >> the president is going to have to make his case. >> i do believe we have to do something. >> will the u.s. go it alone? >>> also, od'ing on tylenol? 80,000 americans sent to the e.r. each year. ahead what the company is doing about it. >>> plus, settled. >> i think it's a good day for thousands of football players who are dealing with different afflictions. >> 700 million plus dollars. compensation for concussions. >> they're almost certainly going to be able to eliminate any future lawsuit. >>> and you can have your pot and smoke it, too. the feds will now let states decide on pot. >> i love seattle, washington, rocks. >> colorado, washington. >> they call it wake and bake. some wake up every morning. ♪ light up. you're live in the cnn "newsroom." >>> more on the doj pot decision a little later. good morning to you, i'm carol costello. first up, syria. president obama reaches ou
will president obama order a strike? and my interview with lora dimaggio and what she says about her brother, the man accused of kidnapping hannah anderson. see it all tomorrow night. that's all for us tonight. anderson cooper starts right now. >>> good evening, everyone. we begin with breaking news. action tonight by great britain slamming the brakes on any immediate military action on syria unless president obama wants to go at it alone, which the white house is signaling he might. parliament in england weighing a resolution that would have okayed the use of force. weighing it and finding it wasn't enough. here is the key moment as the measure failed loudly in the house of comments. >> mr. mcneal, you're like an exploded volcano erupted, calm yourself man. the ayes to the right, 272. the theys to the left, 2875. so the noes have it. the noes have it. >> moments after the vote, prime minister david cameron assured members he would not exercise what is known as the royal prerogative to go to war without parliamentary approval. >> i strongly believe in the need for a tough respons
officials say once they get the order they could be ready to go within hours but while obama administration officials continue to verbally hammer bashar al assad we're still waiting to get the hard evidence that he's responsible. the latest warning to syria comes directly from the white house. >> those who use chemical weapons against defenseless men, women and children, should and must be held accountable. >> reporter: another sign to expect action, u.s. officials all but telling u.n. inspectors, get out of the way. >> and it's clear the security situation isn't safe for the team in syria. >> reporter: the defense secretary told the bbc u.s. ships are positioned, preparations complete. >> we are ready to go. >> reporter: and a defense official tells cnn if the president chooses the most limited option, it could be over in two to three days. cruise missiles could target syria's weapons launchers and command and control facilities, but that's it. >> the options we are considering are not about regime change. >> reporter: and this some say could backfire on the white house. >> it may give bas
as president obama. >> yeah, joe. david cameron really shocked because it was defections within his own party that caused ta defeat and if president obama decides to take action against the assad regime it appears he will be doing so without the support of our two strongest european allies. after an eight-hour debate the british parliament voted to reject a limited strike against syria. >> why is it that our allies in the middle east like saudi emirates, qatar, kuwait and others, cannot take military action, why does it fall on us yet again? >> put simply, is it in britain's national interest to maintain an international taboo about the use of chemical weapons on the battlefield, my argument is question it is. >> i take a question from the scottish national party. >> does he know if there are any plans over the last few days for any military action before next week, planned at all against syria? >> i obviously can't discuss the details of potential action in detail in front of this house, but i can tell the house that american president and i have had discussions that have been reported in th
. a number of submarines believed to be in the mediterranean. the obama administration is promising to release new intelligence shortly. speaking to members of the american legion today, vice president biden sounded 100% convinced. >> no one doubts that innocent men, women and children have been the victims of chemical we pops attacks in syria. and there is no doubt who is responsible for this heinous use of chemical weapons in syria. the syrian regime. >> there is ample evidence of an atrocity on the ground. cnn has obtained exclusive video. fred, what's the reaction from the assad regime to continued strong language like that from the obama administration? >> reporter: i think they are hearing it. i was in with the information ministry of the country, who is a powerful figure. he spoke differently than i seen syrian officials speak in the past couple of days. before that you would hear them say if attacked, syria would fight back. the syrian people would rise up. you still hear that rhetoric but a lot less bold, and it comes of course after statements like secretary of state kerry
was gaining momentum, there are now new calls for caution. dozens of u.s. lawmakers want president obama to seek formal authorization from congress before an attack. congressional leaders will be briefed by the administration during the next hour. britain's prime minister is facing parliamentary resistance to a strike in an emergency session of the house of commons. they're meeting right now. and france wants to wait until u.n. inspectors finish their job. let's begin our coverage with our senior white house correspondent jim acosta. jim, have things over there hit a snag? >> wolf, you will not hear that publicly from white house officials who say they remain on what they call a compressed time frame for delivering a response to syria and they say intelligence assessment backing up that action will be delivered to the public as soon as today. in the face of more questions from congress and key u.s. allies, the obama administration says it's determined to send what it calls an unambiguous signal, not just to syrian leader bashar al assad but to the world. >> it's also important for our to
this morning to see what the latest is on the case. >>> for the first time president obama addressed the decision to shut down embassies and diplomatic poes in the middle east and africa. the interview happened on "the tonight show with jay leno." the president also covered edward snow it is den and his relationship with john mccain and hillary clinton. a nice change of pace. what didn't they cover in the interview? >> everything. i think that's part of the reason why president obama really likes the late night talk shows. he does a lot of these. h he's the first sitting president to get in there with late night talk shows. this was his sixth appearance on leno's program. he talked about everything from the economy, health care re form, what's going on in the middle east and the nsa. ♪ >> reporter: in his first remarks on the al qaeda terror threat president obama insisting the u.s. is not overreacting in closing 19 embassies through tend of the week. >> how significant is this threat? >> well, b it's significant enough that we are taking every precaution. >> reporter: the presiden
missiles would be on the way in. president obama may not have the support of security counsel or great britain norp the majority of the american public. he sounds, however, like a man who decided to act. >> we have consulted with allies. we have consulted with congress. we've been in conversations with all the interested parties, and in no event are we considering any kind of military action that would involve boots on the ground, that would involve a long-term campaign, but we are looking at the possibility of a limited, narrow act that would help make sure that not only syria but others around the world understand what the international community cares about maintaining this chemical weapons ban and norm. >> limited narrow, no boots on the ground. that's what the president said. there is, however, the capacity for more. barbara starr who joins us shortly learned the uss san antonio is in the mediterranean with 300 troops aboard. certain, that the facts on the ground will justify the response. >> the american intelligence community has high confidence, high confidence. this is common
's war fatigue is not, in his mind, an excuse for inaction. >> president obama will ensure that the united states of america makes our own decisions on our own timelines based on our values and our interests. we know that after a decade of conflict, the american people are tired of war. believe me, i am, too. but fatigue does not absolve us of our responsibility. just longing for peace does not necessarily bring it about, and history would judge us all extraordinarily harshly if we turned a blind eye to a dictator's wanton use of weapons of mass destruction against all warnings, against all common understanding of decency. these things we do know. >> john kerry's extremely strong statement this afternoon seemed to leave almost zero doubt the white house intended to act unilaterally in syria with a military strike, but then rather confusingly, it was almost immediately followed up with a statement from the president, himself, at an event with baltic leaders that if not substantively opposed to kerry, the opposite in tone. >> the world has an obligation to make sure that we m
to cover every angel of it beginning with dana >>> top obama officials insisted to lawmakers on the thursday night conference call they have no doubt ba sar assad's regime in syria was behind deadly chemical attacks there. secretaries of state, defense and others backed that up by revealing to lawmakers that the u.s. intercepted communications from a high level syrian official, which clearly indicates they were responsible for these weapons, that according to congressman el yol engel who participated in the call. though obama insists no decisions have been made, cnn is also told they privately made clear to lawmakers that chemical weapons in syria is such a threat the u.s. could engage with or without support from great britain. bob corker emerged from briefings thursday announcing support for surgical proportional military strikes, given the evidence of continued use of chemical warfare. bob menendez reaffirmed his support saying a decisive and consequential u.s. response is justified and warranted. . others argued the president still has to come before congress and the amer
obama making the case for a possible military strike. he says there's clear proof the regime was behind the use of deadly chemical weapons. . the president has not made a final decision on military options but appears to be moving closer to using force. >> in no event are we considering any military action that would involve boots on the ground, that would involve a long-term campaign. but we are looking at the possibility of a limited, narrow act that would help make sure that not only syria, but others around the world understand that the international community cares about maintaining this chemical weapons ban. >> we'll have the very latest developments this hour, including graphic video of a purported new chemical attack. is the president doing the right thing if he goes it alone? what will it mean for america if he does? i'll talk to hans blix, the former chief united nations weapons inspector. >>> plus, the nfl's land mark concussion settlement. what it means for the sport and the safety of the players. i'll talk exclusively to jim mcmahon who is suffering from dementia. he has a
shelling in the area. on saturday, president obama reviewed a range of options and possible targets with his national security team. the u.s. has already four destroyers nearby in the mediterranean sea, two within missile range. members of congress are comparing the situation to kosovo calling for surgical strikes using cruise missiles. >> i think we have to respond and i think we have to respond in conjunction with our nato allies, respond much as was done in libya with the nato allies and i think we cannot afford to sit back and wait. >> president assad says this morning, quote, failure awaits the united states if it attacks. comparing a conflict with syria to vietnam. >> well, i don't know. we could just kill you. actually. it wouldn't really be hard to find you and kill you. >> there is that. >> i mean, i don't think it's going to take us -- >> here's reuters. >> showing tepid support at home. only 25% of americans would want the u.s. to intercede, down five points from two weeks ago. andrew roberts writes in the "wall street journal," it takes a barbarian to employ poison gas.
another gas attack. >> and you find low public support, you find low congressional support. and obama is going to need to contend with. there hasn't been a clear articulation of what we're going to achieve and how we're going to do it. i think once someone stands up and does that, then you can test the support that you'll get. >> michael, thanks for that reasoned analysis. we appreciate it. getting up early, though he's on the east coast. >> thank you. >> that was most recent analysis i've heard in a long time about having an objective as opposed to just sending a signal. >> largely symbolic. >> it feels like we have been forced into it. we'll have mccain on. he's railing against general dempsey, who says, you know, said let's show much reticence to do anything that it emboldens -- in his view, emboldened these guys. all right, coming up, how twitter is learning from some of facebook's ipo mistakes. first, as we head to break, let's check on the national forecast with the weather channel's alex wallace. >> good morning to you. good morning, we're tracking some showers moving from the
obama will present the highest military honor to staff sergeant ty carter. the army says carter killed enemy fighters, risked his own life to save a wounded surgery. carter will be the fifth living recipient of the award for service in iraq or afghanistan. >>> check out a cat getting in trouble. he manages to use his paws. this, i didn't see you there. i'm sorry. let me put that back where it was. cats have so much personality. they often don't get credit for their smartness. >> you should get credit for your cat voice. >> maybe i should look into doing voice overs. >> you don't have enough to do in your day? >> i have free time. >>> when we come back the donald now the defendant in a $40 million lawsuit over his real estate school. is it a scam? we have the details ahead. >>> forget the winners at the mtv music awards. the buzz is all about miley, gaga. everything you need to know about the big show. peace of mind is important when you're running a successful business. so we provide it services you can rely on. with centurylink as your trusted it partner, you'll experience reliable up
there is breaking news in the show down with syria. president obama making a case for a military strike possibly. he says there is clear proof the regime was behind the use of deadly chemical weapons. the president also says he has not yet made a final decision on his military options, but he certainly appears to be moving closer and closer to using force. >> in no event are we considering any kind of military action that would involve boots on the ground, that would involve a long-term campaign, but we are looking at the possibility of a limited, narrow act that would help make sure that not only syria but others around the world understand that the international community cares about maintaining this chemical weapons ban. >> we'll have the very latest developments this hour including graphic video of a new chemical attack. and is the president doing the right thing if he goes at it alone? will it mean for america if he does? i'll talk to the former chief of the united nations weapons inspector. >>> plus, the nfl's landmark concussion settlement. what it means for the sport and safety of players. i
contributor. what do you make of this? >> president obama was running a company, a business that provided goods and services he would be sued for false advertising because he has misled the american people. connell: people will be covered elsewhere. >> the other point is you can keep your current insurance. that is the thing. we are talking 15,000 spouses, family members who have to seek health insurance elsewhere so obama sold the affordable care act on the fact that it will be cheaper and you can keep your insurance when in fact americans have been misled. connell: people were expecting to keep their own insurance and in this case spouses who have jobs themselves need to go to another potentially another insurance company and go through there a player. would you think of it? >> the reporting on this is ups repeatedly cited obamacare as the reason for this but it is not clear why obamacare would have caused this especially because they said it is only for spouses who condemn their coverage elsewhere which means if they have a job where they have coverage under their employer that they ca
economy. >> remember this morning from president obama to syria. it was about a year ago. >> we have been very clear to the assad regime but also to other players on the ground that a red line for us is we start seeing a whole bunch of chemical weapons moving around or being utilized. >>brian: after wednesday's alleged chemical attack it looks like the red line has been crossed again. for the u.s., it now seems to be preparing for a cruise missile launch perhaps. so what would an attack look like? joining us is fox news military analyst lieutenant general thomas mcinerny. general mcinerny, what do you think we should do? what's our best approach right now? >> well, i think we need to back the right team, and the supreme military council under general idr i s is the wrong team. they are muslim brotherhood booked by the kataras. the team we want to back is under colonel riad. let's talk about an air campaign. fundamentally similar to if we back the right people. if we don't back the right people, don't do it. here's what i would do. lay a host of upward of 200 tom hawks and conventional air
, and the obama administration saying it is ready to act in syria if needed. secretary jack lew on squawk saying moments ago the president will not negotiate over the debt ceiling. >>> good news for tiffany, and luxury, in that it was boosted by sales in china. >>> and the end of the era, bill ackman is bailing on jcpenney, and they are looki in ing to ses shares. >> and we will look at the new home sales to be released. >>> treasury secretary jack lew telling our own john harwood that the president will not e negotiate over the debt limit which could be reached in mid-octob mid-october. take a listen. >> we won't be negotiating over the debt ceiling and congress has authorized funding and committed to expenditures and now the question is do we pay the bills that the united states has incurred. it is the only way for that to do is for congress the act and act quickly. what we need in the economy is certainlity, and we don't need a self-inflicted wound or crisis at the last minute. congress should come back, and they should act. >> jim, they say when it rains, it pours and government is part of t
, president obama returns from vacation and plans to sit down with the leading financial market regulators today. opinions from both sides of the aisle next. right now, 7 years of music is being streamed. a quarter million tweeters are tweeting. and 900 million dollars are changing hands online. that's why hp built a new kind of server. one that's 80% smaller. uses 89% less energy. and costs 77% less. it's called hp moonshot. and it's giving the internet the room it needs to grow. this&is gonna be big. hp moonshot. it's time to build a better enterprise. together. pcentury link provides reliable yit services like multi-layered security solution to keep your information safe & secure. century link. your link with what's next. >>> welcome back to "squawk box." president obama will be sitting down with the leading financial market regulators today to discuss their progress or lack of progress in implementing dodd/frank. joining us to talk about it, tony frato and jerod bernstein. hi, guys. >> hi, andrew. >> before we even go there, i have a joe question for jerod. i don't know if you heard u
by obama just a couple days after the jackson hole meeting here. but there is uncertainty over fed policy. there's a certainty over leadership and economic growth. all those things loom large here. and will be spending the next couple of days trying to figure out if we can get some guidance over where the fed is going here. the absence of a definitive statement by the fed chairman will have to mean another time to happen, simon. >> this is of their own making. the problem with nailing your colors to the mass with forward guidance is it doesn't work if you don't know where you're going to guide people to. if you're split or indecisive. that surely, steve, is what is happening here. they raise the question of tapering. you get the interest rates rising. you feel the pain around the world. but when you actually get to tapering you're not sure if the growth is going to be strong enough because you're not really sure if the fed has the courage of conviction at all. the market will find it very difficult to rally on it. >> you know, i like that analysis, simon, because you're right. you hitch y
mayer. >>> a provocative question the day after president obama gave the keynote speech marking the 50th anniversary of martin luther king's "i have a dream" speech. >> have the conservatives judged this man by the content of his character? >> absolutely not. most of the political have an union pinning of race. >> president obama downplayed the assertion that race was behind the republican gridlock. >> i was on the stage with president clinton, and i remember him having a pretty hard time with republicans as well. there does seems to be sometimes just democratic presidents generally being -- efforts being made to gee legitimize them. >> let's bring in joe watkins and democratic strategist and former edwards campaign spokesman chris skofinas. what do you think of that? >> it's one of those things where you don't want to believe it. obviously you have a lot of republican -- i don't by any means believe they are racist, so it's something that you don't want to believe, but when you step back and i think this is where the american public, and in particular i would say the african-american co
'm gretchen carlson. thanks for spending part of it with us today. president obama giving president putin the cold shoulder to get back at him for harboring n.s.a. leaker edward snowden. is that the right call or wrong one? >>steve: a 13-year-old white boy brutally beaten by african-american teens. why are civil rights leaders like al sharpton and jesse jackson silent? we'll report, you decide. >> we have a winner. three winners actually. are you one of them. we'll tell you where the winning powerball tickets were sold which is on "fox & friends," and we begin right now. ♪ ♪ >>gretchen: i'm surprised you're at work today, steve. two tickets in jersey. you have to be one of them. >>steve: when i got up this morning and heard the news there were two in new jersey, i immediately pulled it out. ladies and gentlemen, i hold in my hand a losing ticket. there are also a whole bunch of million-dollar winners and some people won hundreds of dollars. so i'm going to be watching in a second because heather has the numbers and i could actually be a winner, a small winner, but a winner. >>gretchen
we're out there willy-nilly. >> reporter: that was president obama just days ago assuring the american public that the national security agency was not breaching the trust of its citizens. but a new report out today by "the washington post" may raise new concerns. after combing through the trove of documents leaked by former nsa analyst edward snowden "the post" reports the nsa has broken privacy rules thousands of times each year since 2008. "the post" says most of the incidents involved surveillance of americans and foreign intelligence targets on u.s. soil in ways that violate the program's rules. of those incidents, "the post" report most were unintended and many involved failures of due diligence or violations of standard operating procedure such as when an area code mixup caused the nsa to intercept a large number of calls from wrau washington, d.c., instead of egypt. the nsa response was quick. overnight the nsa released a statement, "nsa's foreign intelligence surveillance activities are continually audited and overseen internally and externally. when nsa makes a m
and individual families for coverage is going to be perhaps, a lot more expensive than president obama promised. in fact according to "the new york times" story today, those costs, when you include the out-of-pocket costs for health insurance, plus drug cost, jenna, could cost a family over $13,000 of out-of-pocket costs. more middle income family, they can't afford that, jenna. jenna: the limitations supposed to be in place, if you were an individual would not pay more out-of-pocket than $6300. >> right. jenna: if you were a family not more than 12, $700. that will be moved back another year. >> exactly. jenna: could that be unlimited, if we buy into insurance plan and decide to get insurance that we didn't have it, could we spend an unknown amount of money on health care? >> we don't know the answer to that, yet, jenna. those rules are still to be determined. what we know the out-of-pocket costs were supposed to be cap as you just mentioned, they could for many, many millions of families be a lot higher than the $6300 for a individual and something like 12,000 for a family. by the way when yo
's justice department and the obama administration have taken heat for the lack of high level prosecutions over the meltdown in 2008. there haven't been cases but the record is mixed. in 2009 two hedge understood managers beat fraud charges. that was a setback. better luck when a cup of traders pleaded guilty and a third this year. lots of action on the civil side. the new york attorney general working with the doj sued jpmorgan and sued bank of america and standard & poor's among others. we know there is a push from high up in the justice department to move other crisis cases along. no specifics from holder other than we're not done yet. >> you know, it's interesting, scott, that this stuff is just starting to bubble to the surface even though the 5-year statute of limitations is approaching. when i was looking at some of the bank quarterly filingses a couple weeks ago they did start to disclose the doj is investigating us for mortgage-backed security cases. almost every bank in the mortgage market disclosed that. when i talk to people they said that was because at the staff level the ban
's start with the biggie. >>> the obama administration now warning of a mid-october default deadline. treasury secretary jack lew saying that the government is going to exhaust its borrowing capacity at that point, and then it would be left with about $50 billion of cash on hand. he warns that amount could conceivably be wiped out in one single day. our own john harwood's going to be sitting down with the treasury secretary for an exclusive interview and we're going to have that and bring it to you at 7:30 a.m. eastern time. >>> in other washington news, the white house preparing to release intelligence evidence alleging the use of chemical weapons by syria. secretary of state john kerry called last week's attack a "moral obscenity," and he's laid out the case for a u.s. military response. >> anyone who could claim that an attack of this staggering scale could be contrived or fabricated needs to check their conscience and their own moral compass. what is before us today is real, and it is compelling. so, i also want to underscore that while investigators are gathering additional evid
on now to major news, president obama making a statement moment ace go on egypt. he said the u.s. will cancel joint military exercises with egypt. to help us understand this, john harwood joins us live now from washington with more. john? >> kelly, it was a minimalist response by the president. you had some people including former advisers of his own saying that the united states should suspend or cut off military aid to the egyptian government. the president did not do that. he said that they were going to cancel those bright star military exercises scheduled for next month and continue to consult with his national security team on other steps. what he was trying to do was signal united states concern but not do anything to significantly weaken the relationship between the united states and the egyptian military. there will be more pressure if the violence continues. for now, this is all the president is doing. >> it's a dangerous position, though, john, that they find themselves in. on the one hand condemning the violence but on the other refusing to support the regime. i it'
, and that is what some would like. how do you feel about that? are you in support of obama's request to congress to move the national minimum wage or the federal minimum wage from $7.25 to $9? >> well, the most important thing we can do right now is to create all jobs and that helphe everybody. we want to create jobs and we have been in that since the recession starting to recover and we are partnering with wa walmart, and dozens of ceos and governors and so creating jobs is critical, but the question is what is the right way to do it? is the right way to do it by choosing between hiring fewer people at higher wages or greater number of peoples at competitive wages that the marketplace will support, and that is really the conversation that we need to have. what's in the best interest of the local communities and workers and we take the view that it is better to be encouraging business growth and development by reducing and eliminating the regulations, and not layering the regulation on the employers and create jobs in all sectors the get the economy move f moving forward again. >> so do you supp
, and how do you prevent that from an open-ended involvement in a war that clearly president obama and the united states military does not want to get involved with in a deep way. >> the public apparently has no appetite for any other conflict? russia immediately said, you know, don't -- you people don't need another adventure in the middle east like iraq and iran. obviously saying the same thing. it's really tough. it's really tough for the president to try to walk. >> reporter: it's more than tough. and you saw assad in an interview with a russian newspaper yesterday saying -- warning the united states that you get involved again, there's going to be a failure like all your interventions in the past. clearly the lessons of long and protracted wars have weighed heavily on the president. this is a president, after all, who got into politics, opposing the iraq war. says he doesn't oppose all war, but he opposes dumb wars, and it's pretty clear from his language and body language and the entire stance of the united states over the last several months that he believes it would be dumb
this is a conspiracy between me and president obama or i was soliciting money from people who had some affiliation with him. the documentary evidence is overwhelming. he committed fraud on an ongoing basis. he fleeced people who couldn't afford the money out of $40 million. maybe the most despicable thing his instructors told students, you have to raise your credit limits. call your credit card companies, get more credit if you want to succeed in real estate and folks used that increased limit to pay more money to trump and went further into debt. despicable scheme and he's going to pay for it now. >> any other name than trump, this story doesn't get any pick-up, nobody notices it. to those who say it's an opportunity for you to increase your public profile and that of your office, how do you respond? >> i'm responding to him. i mean he went in the newspapers on saturday and started talking about it. and making crazy accusations against me. so, we're not going to sit down and let him make fall accusations and lie what the case is about. this is a classic bait and switch scheme. you have to sent a
. makes sense this morning you're here even though you slept in your clothes. the obama administration's car czar during the bailout. >> look at him. you should see it. it's wrinkled. he's the author of the book "overhaul, an insider's account of the obama administration's emergency rescue of the auto industry." actually steve stayed at a very nice hotel called the holedy inn express. it's cool. i like it nearby here. >> he doesn't know anything about saving the economy. >> it's close. >> he stayed at a holiday inn express. with us msnbc political analyst and former chairman of the republican national committee michael steele, msnbc contributor mike barnicle and host of "way too early," brian shactman. steve ratner, obviously we come inside the plant, it's so exciting to see all of these cars coming in. we're bringing jobs back to america from mexico. you talk about going in the right direction. you know, gm needed the government's help, a lot of other companies needed the government's help. you were critical in making that happen. my god, ford and the people in ford, they've been maki
states. the obama administration has said the use of chemical weapons would cross a red line. what happens now? we have live team coverage overseas and washington. let's start first with arwa damon live from beirut. what's the latest you're hearing, arwa? >> reporter: those images are so hard to watch and it's absolutely horrible scenes of lifeless children, doctors trying to desperately resuscitate others. i just spoke via skype with a doctor who says he is in syria, we cannot independently verify that. he said they're struggling in primitive conditions, unable to attend to all of those who are suffering the side effects of what he is also saying was a chemical attack. they look atroprine and oxygen. another volunteer medics throughout all of this, if you'll remember, he was describing the symptoms he personally felt. he said he initially lost vision and then he lost all feeling in his body, and at one point, he collapsed. now this is not the first time that we've heard claims of chemical weapons being used in syria. it is, however, the first time that the death toll from any of t
of touch screens. now, president obama has 60 days to review this decision. if he doesn't veto the order, it will go into effect. and if you remember, he vetoed the order when it came to apple. we will see what happens when it comes to samsung. becky? >>> we do have more boardroom drama at jc penney today. "the wall street journal" reports the board met late yesterday afternoon to talk about their next move. the directors are looking at ways to remove bill ackman from the board. the article also notes that it's questionable whether ackman has violated his duties as a board member. there may be a de facto board that excludes ackman. scott, i'm glad you're here for this discussion because this has gotten weirder and weirder. >> it has indeed. >> i thought it was bizarre when we first heard about what was happening. because as a board member, you wonder if he'll be operating from the inside or outside. this is more typical of an outside activist shareholder thing. charles nelson in this "journal" article raises questions whether he did anything wrong at all. he says it would be really diffi
it invests money from your insurance premium. both are going up. despite president obama's suggestion that health care costs are going down, cigna has been able to get higher prices for its health insurance. ever higher prices. at the same time it has a major exposure to real estate. those seem to be getting better and better and better after taking a beating for a long time. then there's cabot oil & gas. one of the fastest growing oil and gas names in the world. cabot has a new market in new england, rapidly changing heating to cheap natural gas that will be from cabot when it gets its pipeline built. how about amgen. all time high. acquiring onyx pharma. a fresh growth injection. this combination gives amgen a fast-growing -- and once again amgen, remember, has now become a growth stock. that's exactly how -- the best bang for shareholders' bucks. lockheed martin finds itself on the all-time high list by default. supposed to be decked by the sequester. wasn't the sequester supposed to shoot them to kingdom come? they weren't. that fact has deluded and shocked wall street, which has
and the world are awaiting president obama's decision on what action he may tay in the light of syria using kem rchemical weapons. with the military so stretched, what are the president's options here? we have a rundown of what the military's resources are in the region. hi, jim. >> hi, kelly. appears the markets are making more of this than the white house and u.s. military officials. they say that any strikes against syrian targets would be limited. right now, they're only looking at four guided missile destroyers that are currently in the eastern med. and possibly two submarines. one u.s. and one british. that would launch cruise missiles at a select, limited number of targets in syria, that are related to the release of chemical weapons against the syrian civilians there, just a couple of weeks ago. now, according to officials, jay carney at the white house, the white house spokesman said, regime targets are not on the target list. there is no attempt to overthrow the syrian regime, and a short time ago, british prime minister cameron said that any response from the international community
and the health care worries and back and forth on the taxes and obama wants more and we are tapering. perfect. just great. >> well, things could be worse -- you could be in india and watching the currency decline by 4% per day. >> you could be in indonesia and watching a similarly currency going down. >> the rupee. >> yes. and that is a fact. >> and the fact is that the dollar buys more rupees than you can see, whoa! any time a major currency moves almost 4% in a day, this is of course, the impact that you would expect of making indian exports cheaper which will benefit us, but a consumer-led economy there where they are trying to bring it in is complicated and then bring in a lot of goods and send them in and back out, and the equity markets there have not been performing well. >> and you are, we have not talked enough about the merging markets. >> well, they have been crushed. when you talked about the taper talk or the okay, what happens when, and forget about when qe ends, because it is not that the merging markets will take et the worst, because all they are built on is cheap money, and
have a double whammy for home building stocks. last week president obama came out gave a speech on fannie and freddie arguing they ought to be wound down and replaced by another agency. you saw what happened on that, david, home building stocks went through the floor last week tuesday and wednesday. so now we have a double whammy, the concern about higher rates and concerns about less government support overall. that's a real problem. and the itb, the main etf for the home building industry hit a new low for the year, but it wasn't on the rates, it was on concern about fannie and freddie and the lack of support there for the mortgage market. guys, back to you. >> thanks very much, bob. that's still to come. fannie and freddie. that will be a long -- >> begin today just a football security. don't know what's going to happen. >> even the preferreds are a real risk. time for a little bit of a faber report following up on a story here. our viewers have been covering mergers and acquisitions for a long time. but rare indeed when you see a consent solicitation of the shareholders for
the violence from escalating, which is why we had the statements from u.s. president barack obama, but the response from the egyptian government to what the president was saying has been a terse one. basically saying it is not based on fact, and it is actually encouraging armed groups. you imagine that kind of response from the egyptian presidency to what the u.s. presidency is saying. that shows you as well that there are a lot of tensions internationally as well about what is happening here on the ground. >> incredibly concerning situation. yousuf, please be careful and we will check back in with you later this morning. yousuf gamal el-din. >>> oil prices have been moving on the situation over in egypt. traders fear the unrest could filter over to crude producing nations or affect the suez canal which carries a large portion of the world's oil. analysts say worries the fed could soon trim the commodity friendly stimulus are curbing gains. >>> gold extending gains today hitting two-month highs. among the catalysts, strong buy from china and short recovering after the precious met
" top spot making $25 million. >>> president obama in washington after a vacation at martha's vineyard. he's got his work cut out for him. egypt, regulation and funding the government. john harwood joins us with the latest. what's top priority? >> top priority for the president that is meeting with financial regular laters. he returned from martha's vineyard to a vacation buffeted by the conflict in egypt and other things that are pressing on a national security basis, more revelations about the nsa as well. he's got a very economic, heavy agenda as he comes to back to washington. congress is still out. he meets with the whole array across the government of regulators about trying to keep pace with implementation of dodd/frank, only 40% of the regulations are done. volcker rule is most important, trying to get that done by the end of the year. the president has also got speeches in upstate new york to press his agenda for a middle out economy. that is not likely to go too far with republicans but he's trying to soften up the ground for the fiscal debates this fall. the president has th
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